debt
confidence high
sentiment neutral
materiality 0.60
Sensata to redeem $400M of 5.625% Senior Notes due 2024 on Dec 18
Sensata Technologies Holding plc
- Redemption of $400M aggregate principal of 5.625% Senior Notes due 2024.
- Redemption date December 18, 2023; price = 100% + make-whole premium + accrued interest.
- CEO Jeff Cote cites de-emphasis on acquisitions to reduce gross debt.